Explore Port Charlotte, FL - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
B+
Cap Rate
11.59%
Investor Friendly Score
50.00%
Median Price
$285,827

Market Insights

Port Charlotte's real estate market is experiencing a price correction, with values down 6.6% from last year. Home prices have decreased 2.1% in the past month. With 6.5 months of supply, Port Charlotte's inventory levels remain relatively tight. Homes are taking about 58 days to sell, which is 1 days longer than this time last year. A significant 30.9% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 9.7% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Port Charlotte market with the affordability index at 22.1. Current trends suggest further price adjustments may occur as the market continues to favor buyers.

Demographics market for - Port Charlotte, FL

Total Population -

66,785

White Population

80.66%

Black Population

8.50%

Mexican29.81% (2.82% of total population)
Puerto Rican33.63% (3.18% of total population)
Cuban9.73% (0.92% of total population)
Dominican7.33% (0.69% of total population)
Salvadoran0.11% (0.01% of total population)
Costa Rican0%
Gautemalan1.76% (0.17% of total population)
Honduran3.10% (0.29% of total population)
Nicaraguan0.17% (0.02% of total population)
Panamanian3.99% (0.38% of total population)
Argentinean0%
Bolivian0.25% (0.02% of total population)
Chilean0.14% (0.01% of total population)
Colombian2.93% (0.28% of total population)
Ecuadorian1.47% (0.14% of total population)
Peruvian1.19% (0.11% of total population)
Uruguyan0%
Venezuelan4.37% (0.41% of total population)

Indian 4.64% (0.44% of total population)
Bangladeshi 0%
Chinese 2.17% (0.21% of total population)
Bhutanese 0%
Burmese 0%
Filipino 3.50% (0.33% of total population)
Hmong 0%
Indonesian 0%
Japanese 0.35% (0.03% of total population)
Korean 0.29% (0.03% of total population)
Laotian 0.03% (0.00% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0.11% (0.01% of total population)
Vietnamese 3.28% (0.31% of total population)

Hawaiian0%
Samoan0%
Chamorro0.33% (0.03% of total population)
Fijian0%
Marshallese0%

Crime for - Port Charlotte, FL

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Real Estate Market Prediction for - Port Charlotte, FL

City Hotspots
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